Orosur Mining Inc Grant of Share Options
SANTIAGO, Chile--(BUSINESS WIRE)--Orosur Mining Inc. (the "Company") (TSX:OMI) (LSE:OMI) announces that the Company has granted an aggregate of 2,550,000 share options to Directors, Officers and employees exercisable at a price of CDN$ 0.23 per Common Share, on or before February 11, 2019.
OMI officers and employees were granted a total of 1,250,000 stock options and the balance equivalent to 1,300,000 stock options were granted to the following Directors:
|Granted to Directors||1,300,000|
The stock options were granted on February 11, 2014 fixing the exercise price as of the close price of OMI Common Shares at the TSX on February 10, 2014. The options will vest in three equal parts: the first part immediately and the second and third parts on February 11, 2015 and February 11, 2016. The total number of common shares currently issued is 78,168,143 with options outstanding of 3,350,335 common shares after including this grant.
About Orosur Mining Inc.
Orosur Mining Inc. is a fully integrated gold producer and exploration company focused on identifying and developing gold projects in South America. The Company operates the only producing gold mine in Uruguay (San Gregorio), and has assembled an exploration portfolio of high quality assets in Uruguay and Chile. The Company is quoted in Canada (TSX: OMI) and London (AIM: OMI).
For more information please visit www.orosur.ca